✅ Current Technical Analysis
Current price: 107,617.21 USDT
Change in 24 hours: +2.15%
Highest Price: 107,784.26
Lowest Price: 106,495.09
📊 Prominent Technical Indicators
1. EMA Moving Averages:
EMA7 (Short-term): Above EMA25 and EMA99 → Indicates an upward trend currently.
The price is currently near the EMA7 average → No overbought condition yet, but we are getting closer.
2. StochRSI:
STCH: 72.59 and MA STCH: 78.72 → Close to the overbought area (> 80).
There is a possibility of a correction or slowdown soon.
3. Volume:
There is a large candle in volume during the strong rise near 106,495 → Strong buying pressure.
After which a decline in volume → Indicates a state of anticipation or resistance.
4. Price Action:
Clear resistance found near 107,784 (daily high).
Formation of slightly lower highs indicates the beginning of selling pressure or profit taking.
🧠 Short-term Recommendations
Decision TypeRecommendationReasonBuy Now❌ Not RecommendedPrice is close to resistance, and a correction is possible (StochRSI is high)Buy Later✅ YesIf the price returns to 106,800 - 106,500 (previous strong support)Sell✅ PartiallyIf you bought at a lower price, it's preferred to sell partially at 107,600 - 107,700Stop Loss106,300About 1% below the previous low
🔮 Near-term Forecast (12–24 hours)
StatusExpectationPositive ScenarioBreak above 107,784 → Targets 108,300 then 109,000Negative ScenarioBreak below 106,500 → Drop towards 105,800 and possibly 104,900
⚠️ Important Notes
Do not enter a trade now unless there is a clear break above 107,800 with high trading volume.
Follow the volume of trades on the Order Book – Currently, the ratio is 60% selling, 39% buying → There is selling pressure.
